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closed corporation — A type of business corporation that is owned and operated by a small group of people. Dictionary from West s Encyclopedia of American Law. 2005. closed corporation A type of business corporation tha … Law dictionary

Closed Corporation — A business that is set up using a corporate business structure, but in which all the shares are held by a select few individuals who are usually closely associated with the business. Participating in a closed corporation enables a partnership to… … Investment dictionary

closed corporation — corporation whose stock is owned by a small number of people … English contemporary dictionary

closed corporation — closed′ corpora′tion n. bus an incorporated business owned by a few individuals who seldom sell their stock and so retain control … From formal English to slang

closed corporation — an incorporated business the stock of which is owned by a small group. Also, close corporation. * * * … Universalium

closed corporation — A corporation whose shares are owned by just a few people, having no public market. Bloomberg Financial Dictionary … Financial and business terms

corporation — cor·po·ra·tion /ˌkȯr pə rā shən/ n [Late Latin corporatio, from Latin corporare to form into a body, from corpor corpus body]: an invisible, intangible, artificial creation of the law existing as a voluntary chartered association of individuals… … Law dictionary

closed company — ➔ company * * * closed company UK US noun [C] (also closed corporation, also close company, also close corporation) ► FINANCE, STOCK MARKET a company whose shares are owned by a sm … Financial and business terms